The trendline was broken through decisively. Now the selling pressure continues and I've mapped on the chart the next support zone shown in the turquoise horizontal line. that will be a nice area to add to your position and anticipate a bounce. If that area fails, we can expect AVAX to drop to around $35 and worst case $15.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.